Description and usage of the flag

I have found some notes about a flag from imperial Russian era,
related to Russian-American Company.
This is the Russian-Finnish Whaling Company (I must check the
original name), located in the Grand-duchy of Finland, part of the Russian
empire 1809-1917. The flag is similar to the American Company flag, except
the white ribbon the eagle is holding was blank (no writing). The Whaling
company existed in 1850s and operated two ships: Turku (an important
harbour town and old capital) and Suomi (Finland in Finnish). The
company was first quite successful, but then came the Crimean war, and they
had to stop.Iiro Hyrsky, 29 Feb 2000